Dear Friends,
Can we take input credit of WCT against VAT Liability?
S.Vijay Anandh (Analyst - Finance) (112 Points)
13 February 2009Dear Friends,
Can we take input credit of WCT against VAT Liability?
RAJU
(LEARNER)
(1089 Points)
Replied 13 February 2009
If the work is in relation to sale/processing/manufacture of goods for sale, you can avail the credit.
Can you brief on the type of WCT that was executed for you.
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